The Bharatiya Janata Party on Saturday described the Congress' allegation against its leaders of having links with corporate lobbyist Niira Radia as 'beneath levels of decency' and 'unacceptable' and the party's senior leader Ananth Kumar served a legal notice against those who had made the charges.Party sources said Kumar has initiated legal action against Singh, the news channel which had telecast his comments, its associate news magazine and some senior employees.
The DMK is having a meeting on Saturday to discuss the situation arising out the raids and what steps the party needs to take and what kind of reaction to formulate.
The Supreme Court on Thursday pulled up the income tax department and the Central Bureau of Investigation for not taking action in the last five years on information gathered from tapped phone conversations of Niira Radia with corporate honchos, politicians and others, saying it is "not a happy situation".
"It is a rubbish petition. If I find that we you (petitioner) have tried to interfere with the investigation then you may be in bigger trouble," Justice Ajit Bharihoke said.
With DMK facing increasing heat on Dravida Munnetra Kazhagam over the 2G spectrum scam, Tamil Nadu Chief Minister M Karunanidhi said on Monday that his party was not adamant in getting the telecom portfolio for A Raja during the United Progressive Alliance government formation in 2009.
The Central Bureau of Investigation is trying to decipher the information stored in over a dozen computers seized from the premises of corporate lobbyist Niira Radia and former TRAI chairman Pradip Baijal among others raided by the agency in connection with the probe into the 2G scam.
Government on Friday turned down in the Supreme Court the plea of Tata Group Chief Ratan Tata's for steps to stop the publication in the media of the leaked transcripts of tapped conversations between him, his corporate lobbyist Niira Radia and others.
Union Home Minister P Chidambaram on Tuesday said the Central Board of Direct Taxes is inquiring into alleged leak of tapes of telephone conversations between corporate lobbyist Niira Radia and politicians, journalists and industrialists.
Home Minister P Chidambaram has asked the Central Bureau of Investigation and Central Board of Direct Taxes to probe the leakage of the conversations between corporate lobbyist Niira Radia, leading business tycoons and media persons.The tapes, first leaked by a national magazine, have now found their way to several media organisations and journalists.On Monday, the apex court directed the government to probe the leakage of the tape.
Tata Sons Chairman Ratan Tata on Friday said the government must stop the 'banana republic kind of attacks', as the real 2G scam was becoming hidden behind a smokescreen.
A joint team of the Enforcement Directorate and the CBI will travel to the tax haven nation of British Virgin Islands in connection with its probe against various entities in the 2G spectrum allocation case.
R K Chandolia, former private secretary to A Raja, on Friday told a Delhi court that he was only following the instructions of the minister and instead of him, the Central Bureau of Investigation should implead Tata and corporate lobbyist Niira Radia as accused in the 2G spectrum case.
The leaked Niira Radia tapes indicated that the health of every government institution is at stake and only a joint parliamentary probe could unravel the various facets of the 2G scam, including the 'role of power brokers' in the allocation of telecom portfolio, Bharatiya Janata Party leader Arun Jaitley has said.
'The way Congressman feared her, they don't fear her now. That is why you see how she took time to take action in Andhra, Maharashtra and corruption in the Commonwealth Games,' says Arun Shourie.
The Bharatiya Janata Party on Tuesday asked Union Minister P Chidambaram to step down in the wake of media reports that he was an alleged beneficiary in the 2G spectrum scam during UPA-I, even as it charged him with failure as home minister in fighting the Naxal menace.
Former Telecom Minister A Raja on Tuesday opposed in a Delhi court the Central Bureau of Investigation's plea for placing on record a CD containing recorded conversations and transcripts of calls of former corporate lobbyist Niira Radia pertaining to the 2G spectrum allocation.
The Supreme Court on Thursday expressed displeasure over the tardy pace of probe by the Income Tax department into the tax evasion cases linked to 2G spectrum case, saying it wanted "results".
I-T department defended its probe saying that the investigation has entered the "fifth layer" and the approach towards the case has not been tardy.
He has the reputation of being a stable performer, more comfortable with details than the big vision. Shyamal Majumdar looks at what could work for Noel Tata in the race to succeed his half-brother, Ratan Tata.
The Supreme Court on Monday asked the media not to drag the name of any person figuring in the controversial Niira Radia tapes until the case was decided by it as dignity of every individual was precious.
The Supreme Court on Wednesday wanted to know whether there was any substance in the reported statement of Home Secretary G K Pillai who said that what has come into the public domain from the Niira Radia tapes in connection with 2G spectrum was merely the 'tip of the iceberg'. "We don't know whether it is true or not or whether he has given an interview at all," a bench comprising Justices G S Singhvi and A K Ganguly said.
Ratan Tata: A Life, the much awaited biography, reveals that after a year of 'parallel running', Tata began having second thoughts about Cyrus Mistry's 'suitability'. 'Mistry targeted Ratan, the man who had elevated him from virtual oblivion into the mainstream of the Tatas...'
The Supreme Court on Friday made it clear that it would quash the Jet-Etihad Airways deal if there are any irregularities in it.
Indians having undisclosed income in the United States (US) may face proceedings under Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015, this financial year. Also, those named in global leaks may be searched, show-caused, and prosecuted, according to the FY23 internal action plan of the Central Board of Direct Taxes (CBDT). The CBDT has rolled out an aggressive target and timeline to investigate tax evasion matters, especially those involving undisclosed foreign assets.
"Tendulkar's attorney said the cricket player's investment is legitimate and has been declared to tax authorities. Shakira's attorney said the singer declared her companies, which the attorney said do not provide tax advantages. Schiffer's representatives said the supermodel correctly pays her taxes in the UK, where she lives," it notes.
The government will investigate every Indian name appearing in an unprecedented leak of financial records, known as the 'Pandora Papers', which alleged that many world leaders have secret offshore stores of wealth.
While Panama and Paradise Papers had majorly focused on foreign entities created by entities, corporates or individuals overseas, Pandora is about the new method adopted by wealthy elites by setting up multiple layered complex trust structures.
The agency would probe whether Sibal had shown undue favour to RIL.
Balwa, who is accused along with 16 others in the case, claimed that he cannot be prosecuted for pushing back Tata in the race as the firm was never in the race to get the 2G spectrum licence
The investigating agency wants to ascertain the actual purpose of the deal.
For Jet's revival, Mr Jalan should be on the scene long enough for everyone to get to know him, appreciate his skills, and not vanish into thin air within a matter of months or even weeks, observes Anjuli Bhargava.
Former Trai chief lashes out on CBI, ministers in 2G scam
'There must be thousands if not lakhs of people the government is illegally spying on.' 'Why should we enable this criminal activity by volunteering our details?'
Karunanidhi was convinced that using the 2G cases against the DMK and reopening the fodder case against Lalu Prasad Yadav were products of the Congress leadership's short-sightedness. A revealing excerpt from A S Panneerselvan's Karunanidhi: A Life.
Govt depts, banks prone to information leakage.
The Supreme Court on Friday granted six weeks time to Mukesh Ambani's Reliance Industries Ltd (RIL) to respond to the final CAG report which found alleged irregularities including in payments made to the contractors on drilling of D6 wells at the Krishna-Godavari basin.
O Teri, which borrows heavily from Jaane Bhi Do Yaaro drowns it all in slapstick so noisy it all comes off as more lame than loving, more blasphemous than beholden.
Year 2013 saw business leaders facing the ire of hostile investigative agencies.
'Gauri was a woman of great integrity and few people know how modestly she lived, generously sharing the little she had.' 'Her only asset was the home her mother built.' 'But she had even bigger riches -- her capacious heart,' remembers former husband and close friend, Chidanand Rajghatta.
'I think Ratan felt he had to do everything that he could to retain control of the company started by his forefathers, because that was the first priority and nothing else mattered compared to that.'
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